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Showing 471 - 480 of 3424 results for commonwealth bank

AMP appoints advice transformation manager

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... at TAFE NSW and an executive business manager at Bank of Queensland. She also spent four years working on the Commonwealth Bank's future advice model as a program director between 2013 and 2017. Earlier in her career, Hopkins held roles at Westpac, Citi ...

CBA private office head joins Mutual Trust

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Ralf Haase established the CPO in 2009 to develop and lead the ultra-high net worth business segment of Commonwealth Private. CBA restructured the business unit in June, folding into Commonwealth Private and making Haase redundant. Prior to his time ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... throughout the organisation. IIA chair Sandra Birkensleigh said after APRA's prudential inquiry into the Commonwealth Bank, it was clear that internal audits could play a role in governance structures. "In many instances audit reports were just ignored," ...

Alternative asset manager expands to APAC

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
... portfolio management, trading and the European Credit Investments Group. He has also previously worked with Commonwealth Bank. Hayfin chief executive Tim Flynn said the firm is pleased to be bolstering its global client coverage. "We have always supplemented ...

Dollarmites faces more backlash

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
Commonwealth Bank's lucrative Dollarmites program has taken another blow as Victorian schools have banned such programs in favour of financial lessons. Dollarmites came under fire in 2018 when ASIC began a review into school banking programs. In its ...

CBA in court for overcharging interest

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
ASIC has commenced proceedings against the Commonwealth Bank (CBA) for overcharged interest to thousands of customers, as revealed during the Royal Commission. In the Federal Court, ASIC will allege that CBA charged a rate of interest on business overdraft ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... of the biggest drops in the world as a result of the steep cuts made by banks, transport and leisure stocks. Commonwealth Bank, National Australia Bank and ANZ accounted for three fifths of Australia's $12.3 billion fall in dividends for the quarter. ...

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The Australian Prudential Regulation Authority (APRA) has made the decision to reduce Commonwealth Bank's additional capital requirement by half after improving governance concerns. The $1 billion capital add-on has been halved to $500 million with ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... difficult, isn't it?" "No," Samuel said. He pointed to Matt Comyn's transformation of the culture at the Commonwealth Bank as being an example of cultural change happening quickly, thanks to a zero-tolerance policy. "Anyone who says [cultural ...

CountPlus to continue acquisition spree

ANNABELLE DICKSON  |  MONDAY, 16 NOV 2020
... Count Financial. As at September 30, there are 1732 Count Financial client remediation matters as assessed by Commonwealth Bank with the bank providing $1.735 million in payments and a $300 million indemnity to cover past conduct. As a result, Count ...